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Question: The price in a perfectly competitive market is $8. At that price, a firm is willing to supply 250...

Show transcribed image text The price in a perfectly competitive market is $8. At that price, a firm is willing to supply 250 of a good. The firm's average total cost (ATC) to supply this quantity will be $6.5 and its average variable cost (AVC) will be $5. What is the Fixed Cost? 375 750 500 625 It's Over 9.000 125 250 0

The price in a perfectly competitive market is $8. At that price, a firm is willing to supply 250 of a good. The firm's average total cost (ATC) to supply this quantity will be $6.5 and its average variable cost (AVC) will be $5. What is the Fixed Cost? 375 750 500 625 It's Over 9.000 125 250 0